industry news

Here’s how business advisors find great talent now

Here’s how business advisors find great talent now

Ask any leader in the wealth management business to name their biggest business problem, and you’ll likely hear the same answer: Recruiting talent. Competition for executives, support staff and especially advisors has been fierce for years. We checked out a few companies that have made good hires recently and asked them this week’s Barron’s Advisor …

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HUD accused of failing to refund millions in mortgage insurance premiums

HUD accused of failing to refund millions in mortgage insurance premiums

The Ministry of Housing and Urban Development has been accused of not issuing mortgage insurance premium refunds to borrowers who chose to terminate their FHA-insured mortgages early. As of 2020, almost $400 million is owed to homeowners. A proposed class-action lawsuit filed by borrower Tricia Sarmiento in Florida accuses the department of being slow to …

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Is Credit Suisse a boost to UBS’s investment banking ambitions?

Is Credit Suisse a boost to UBS’s investment banking ambitions?

A year ago, the world of investment banking suffered its biggest shakeup since the financial crisis with the bailout acquisition of Credit Suisse by UBS. Twelve months on, the long-term impact of the deal is becoming a little clearer – but only a little. Big questions remain, especially for the combined investment banking business. One …

Is Credit Suisse a boost to UBS’s investment banking ambitions? Read More »

Amer Sports shares fall 6% on bigger-than-expected Q4 loss

Amer Sports shares fall 6% on bigger-than-expected Q4 loss

Posted: March 5, 2024 at 8:30 am ET Shares of Amer Sports Inc. fell 6% in premarket trade on Tuesday after the Finnish sportswear company reported its first quarterly results since its February IPO. The company, which includes the Arc’teryx, Salomon and Wilson brands, reported better-than-expected fourth-quarter revenue boosted by China and a bigger-than-expected loss. …

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This biotech ETF sees a “breakout” while US small-cap tech stocks lag

This biotech ETF sees a “breakout” while US small-cap tech stocks lag

Hello! This week’s ETF Wrap looks at the surge in biotech funds, as well as an “unusual” trend in U.S. small-cap stocks versus small-cap tech stocks. Please send feedback and advice to [email protected] or [email protected]. You can also follow me on X at @cidzelis and found me on LinkedIn. Isabel Wang is on @Isabelxwang. register …

This biotech ETF sees a “breakout” while US small-cap tech stocks lag Read More »

This biotech ETF sees a “breakout” while US small-cap tech stocks lag

This biotech ETF sees a “breakout” while US small-cap tech stocks lag

Hello! This week’s ETF Wrap looks at the surge in biotech funds, as well as an “unusual” trend in U.S. small-cap stocks versus small-cap tech stocks. Please send feedback and advice to [email protected] or [email protected]. You can also follow me on X at @cidzelis and found me on LinkedIn. Isabel Wang is on @Isabelxwang. register …

This biotech ETF sees a “breakout” while US small-cap tech stocks lag Read More »

Car prices are finally coming down.  It looks like a buyer’s market.

Car prices are finally coming down. It looks like a buyer’s market.

The high cost of new cars has been a concern among buyers and investors in the automotive sector for several years since Covid-19 ravaged the global economy. But now a change is happening. New cars are becoming more affordable—and that’s a good thing for car buyers. This is good even for car investors who tend …

Car prices are finally coming down. It looks like a buyer’s market. Read More »

New cars are becoming more affordable.  That’s good for buyers and auto stocks.

New cars are becoming more affordable. That’s good for buyers and auto stocks.

The high cost of new cars has been a concern among buyers and investors in the automotive sector for several years since Covid-19 ravaged the global economy. But now a change is happening. New cars are becoming more affordable — and that’s a good thing for car buyers. This is good even for car investors …

New cars are becoming more affordable. That’s good for buyers and auto stocks. Read More »